Time frame

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    Time frameWhat is a time frameWhat is a time frame in trading? In trading and especiall... More in trading?

    In trading and especially in trading software and chart analysis, the time frame refers to a specified periodicity the price action is displayed on a chart.

    The most important chart type are Japanese candlestick charts. On them, each candle represents a period determined by the time frame.

    Example: for a 5-minute chart, each candlestick forms for five minutes before the next starts to form. Thus, on the chart, each candle shows five minutes of price actionWhat is price action in trading? Price action describes t... More (except for the latest one that still forms).

    Read how to modify the time frame of a candlestick in MetaTrader 4 (MT4)MetaTrader 4 is a popular and widely used charting software... More, the most popular trading softwareWhat is online trading software? The platform traders u... More:

    Trading on different time frames

    Different trading strategies employ different time frames for chart analysis, order management and trade management.

    It is important that the time frame fits the lifestyle and preferences of a traderWhat is a trader? A trader is a person who buys and sells... More. This can and should also influence the choice of the right trading strategyThe term trading strategy is used to describe a comprehens... More.

    For example, a trader may choose to trade on a shorter time frame, like day trading or scalping, because they do not have the time or patience to wait to find an entry.

    For another trader, longer time frames may be more ideal, because they do have a lotIn forex trading, a lot is the standard unit to measure the... More of patience and may not be able to trade as often during the course of a day.

    Read our starter lesson on time frames:

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